In Which States are Loan Applicants Most Likely to Misrepresent Income? Here’s What 1 Analysis Found
SAN FRANCISCO—In what states do lenders really need to be on their toes when it comes to borrowers misrepresenting their income?
Fresh Today
NEW YORK—In what may be a sign that consumers will have less remittance money to send as the result of an impending recession, Payoneer—which specializes in cross-border payments— plans to cut 9% of its employees by the end of Q3, according to a filing with the Securities and Exchange Commission.
NEW YORK— Citi has enhanced its offers to its My Deals platform, previously called Citi Easy Deals.
ALEXANDRIA, Va. –NCUA is reporting it has been seeing a “concerning rise in cyberattacks" against credit unions, CUSOs, and other third-party vendors supplying financial services products, saying the incidents are directly related to critical vulnerabilities in the MOVE it Transfer web application, as well as other attacks unrelated to MOVE it.
KILGORE, Texas–In its newest analysis of proposed credit union mergers, CUToday.info has found CUs with some whopping capital ratios (one north of 63%) and only a few planning to return any of that capital to members, as well as a higher-than-usual number of credit unions with no succession plans citing both CEO and board member retirements as reasons they must find a partner.
MADISON, Wis.— New data released by CUES reveals base salary, base salary plus bonus, and total compensation packages increased last year across 20 of 22 positions at credit unions.
WASHINGTON–During the second quarter standards were tightened for commercial and consumer loans by banks amid weaker demand, according to a new report by the Federal Reserve.
WASHINGTON–The Treasury Department said the CDFI Fund will begin implementing Civil Rights Act compliance reporting requirements.
WASHINGTON—NAFCU, CUNA, and the Defense Credit Union Council are touting the benefits of financial literacy for members of the military following an amendment proposed by Sen. Patty Murray (D-WA) to the fiscal year 2024 National Defense Authorization Act (NDAA).
WASHINGTON—The Federal Communications Commission was urged not to adopt its proposal to require callers to honor opt-out requests within 24 hours in a comment letter filed jointly by CUNA and ACA International.